Quotient Investors understood to have shut up shop

Quotient Investors, a fund manager which advised or sub-advised four of the 10 largest institutional investors in the US, appears to have ceased operations.
The firm, which was the first to run money under CalPERS’ Manager Development Programme II, also advised CalSTRS, NYSTRS and NYC Retirement. It was launched in 2008 by Andre Bertolotti, William Yost and Julia Peter-Kerr – all of whom had worked together at DIAM USA, formerly DLIBJ Asset Management USA.
In an interview with the Wall Street Transcript, Bertolotti described the firm’s large cap, small cap and sustainable investment strategies, noting that “CalPERS directed us to look at ESG without any firm mandate, but encouraged us to think about ESG”.Back in 2011, CalPERS added $100m to an existing $150m that Quotient Investors was already managing for the fund. But Bertolotti left the firm in June to join BlackRock Sustainable Investing, Yost has not responded to enquiries from RI and Quotient’s website is currently down. A CalPERS spokesperson referred RI to Quotient. Other clients did not respond to enquiries. NASDAQ lists the firm as having no holdings.
It is to be assumed that the funds it was managing have been returned to its clients either in the form of cash or equities.